San Juan Basin Royalty Trust (SJT) Earning Favorable Press Coverage, Analysis Finds
News coverage about San Juan Basin Royalty Trust (NYSE:SJT) has trended positive on Saturday, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. San Juan Basin Royalty Trust earned a coverage optimism score of 0.26 on Accern’s scale. Accern also assigned press coverage about the oil and gas producer an impact score of 45.8169976209189 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of San Juan Basin Royalty Trust (NYSE:SJT) traded down 0.63% on Friday, hitting $7.84. The stock had a trading volume of 354,242 shares. San Juan Basin Royalty Trust has a 52 week low of $5.51 and a 52 week high of $8.27. The company has a market cap of $365.41 million, a PE ratio of 14.15 and a beta of -0.43. The stock’s 50-day moving average price is $7.01 and its 200 day moving average price is $7.01.
San Juan Basin Royalty Trust (NYSE:SJT) last released its quarterly earnings results on Wednesday, August 9th. The oil and gas producer reported $0.13 earnings per share for the quarter. The business had revenue of $6.45 million during the quarter. San Juan Basin Royalty Trust had a return on equity of 337.99% and a net margin of 92.24%.
The company also recently declared a monthly dividend, which will be paid on Monday, October 16th. Investors of record on Friday, September 29th will be issued a dividend of $0.217 per share. This is a boost from San Juan Basin Royalty Trust’s previous monthly dividend of $0.11. This represents a $2.60 annualized dividend and a yield of 33.21%. The ex-dividend date of this dividend is Thursday, September 28th. San Juan Basin Royalty Trust’s dividend payout ratio (DPR) is presently 472.73%.
SJT has been the subject of a number of research analyst reports. BidaskClub lowered San Juan Basin Royalty Trust from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 19th. TheStreet lowered San Juan Basin Royalty Trust from a “b-” rating to a “c+” rating in a report on Friday, June 23rd.
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San Juan Basin Royalty Trust Company Profile
San Juan Basin Royalty Trust is an express trust. The principal asset of the Trust is Royalty. Its Royalty is carved from working, royalty and other oil and natural gas interests owned by Southland Royalty Company, the predecessor to Burlington Resources Oil & Gas Company LP (Burlington), in properties located in the San Juan Basin of northwestern New Mexico (Subject Interests).
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